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Cable Update (GBPUSD)

  • #86,721
  • Sep 9, 2008 12:26pm Sep 9, 2008 12:26pm
Quoting manize
But I see, no enough power to move more up.
Add short at 1.7678. Hold 3 shorts and 1 long.
we above the 62ema on 1hr bro and also price is on a mission to make a higher low....the b*tch i think is trending ever so slightly up...
  • #86,722
  • Sep 9, 2008 12:28pm Sep 9, 2008 12:28pm
my mission of stacked shorts has been closed out. good profit, but it would have been better if I closed them yesterday.
Just digging in the trenches like everyone else!
  • #86,723
  • Sep 9, 2008 12:29pm Sep 9, 2008 12:29pm
Quoting nAVIN2007
we above the 62ema on 1hr bro and also price is on a mission to make a higher low....the b*tch i think is trending ever so slightly up...
it has been been the pattern for the past few weeks..... it crawls up like a snail and then it falls like a rock....
Patience + Discipline - Greed = Success
  • #86,724
  • Sep 9, 2008 12:29pm Sep 9, 2008 12:29pm
Quoting eohater
my mission of stacked shorts has been closed out. good profit, but it would have been better if I closed them yesterday.
Never heard of 'stacked shorts' since david hasselhof and baywatch
  • #86,725
  • Sep 9, 2008 12:30pm Sep 9, 2008 12:30pm
Quoting eohater
my mission of stacked shorts has been closed out. good profit, but it would have been better if I closed them yesterday.
Don't think twice about it. It was a good trade with good profit..... the next setup is near...
Patience + Discipline - Greed = Success
  • #86,726
  • Sep 9, 2008 12:31pm Sep 9, 2008 12:31pm
Quoting Infinity
it has been been the pattern for the past few weeks..... it crawls up like a snail and then it falls like a rock....
yeah thats the problem....gotta expect it!!!
  • #86,727
  • Sep 9, 2008 12:31pm Sep 9, 2008 12:31pm
Quoting allserene
Never heard of 'stacked shorts' since david hasselhof and baywatch
Just digging in the trenches like everyone else!
  • #86,728
  • Sep 9, 2008 12:33pm Sep 9, 2008 12:33pm
Quoting Infinity
Don't think twice about it. It was a good trade with good profit..... the next setup is near...
thanks bro....it was definately taxing emotionally.
Just digging in the trenches like everyone else!
  • #86,729
  • Sep 9, 2008 12:36pm Sep 9, 2008 12:36pm
Quoting eohater
thanks bro....it was definately taxing emotionally.
I normally hold trades like that in a separate account with trailing stops. That way I don't think about it during my daytrading...
Patience + Discipline - Greed = Success
  • #86,730
  • Sep 9, 2008 12:38pm Sep 9, 2008 12:38pm
Quoting Infinity
I normally hold trades like that in a separate account with trailing stops. That way I don't think about during my daytrading...
I should do that next time. I've been trying to close out my FXDD account. The spreads are fixed at 4 which isn't bad, but my other account varies all the way down to half point spreads
Just digging in the trenches like everyone else!
  • #86,731
  • Sep 9, 2008 12:38pm Sep 9, 2008 12:38pm
Quoting LuckyLurker
Short at 701.. tighty whitey stop
brilliant entry! I missed it in on my last short at 689. this thing HAS to drop through the asian session!
  • #86,732
  • Sep 9, 2008 12:41pm Sep 9, 2008 12:41pm
Quoting Infinity
it has been been the pattern for the past few weeks..... it crawls up like a snail and then it falls like a rock....
well said..
"Building Wealth By Confidence, Consistency, & Compounding"
  • #86,733
  • Sep 9, 2008 12:43pm Sep 9, 2008 12:43pm
Quoting Runway Trade
brilliant entry! I missed it in on my last short at 689. this thing HAS to drop through the asian session!
ty ty.. we'll see.. i set my stop to BE just in case. +71 on the day already so no need to be greedy.
USD Est Non Mortuus
  • #86,734
  • Sep 9, 2008 12:49pm Sep 9, 2008 12:49pm
Quoting LuckyLurker
ty ty.. we'll see.. i set my stop to BE just in case. +71 on the day already so no need to be greedy.
excellent one lurker !

even allserene in the desert has avoided losses and made enough for a gin and tonic
  • #86,735
  • Sep 9, 2008 12:53pm Sep 9, 2008 12:53pm
Quoting allserene
excellent one lurker !

even allserene in the desert has avoided losses and made enough for a gin and tonic
nice
USD Est Non Mortuus
  • #86,736
  • Sep 9, 2008 12:59pm Sep 9, 2008 12:59pm
Quoting allserene
excellent one lurker !

even allserene in the desert has avoided losses and made enough for a gin and tonic
Couldn't wait for the drop, just opened my second bottle of Merlot! I see it is dropping now, so Ill have some more wine!
  • #86,737
  • Sep 9, 2008 1:01pm Sep 9, 2008 1:01pm
Don't think twice about it. It was a good trade with good profit..... the next setup is near...

THE NEX SETUP IS NEAR

care to explain

thnx
  • #86,738
  • Sep 9, 2008 1:04pm Sep 9, 2008 1:04pm
Quoting Infinity
it has been been the pattern for the past few weeks..... it crawls up like a snail and then it falls like a rock....
it whooped the 62 ema already...
  • #86,739
  • Sep 9, 2008 1:10pm Sep 9, 2008 1:10pm
Quoting brokerslo
Don't think twice about it. It was a good trade with good profit..... the next setup is near...

THE NEX SETUP IS NEAR

care to explain

thnx
Don't read too much into that. Trade what you see bro....

Quoting nAVIN2007
it whooped the 62 ema already...
It closed very close to it so it is still holding...
Patience + Discipline - Greed = Success
  • #86,740
  • Sep 9, 2008 1:25pm Sep 9, 2008 1:25pm
Just for those that are getting an idea that we are in an uptrend. 30M 1H and 4H same setup
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